Subject Matter
Interests earned from client funds deposited at credit institutions
Question
Does MiCA permit crypto-asset service providers (CASPs) to earn interest on client funds deposited in a savings account at a credit institution?
Level 1 Regulation
ESMA_QA_2481
Topic
14/03/2025
Subject Matter
Nationality-related eligibility restrictions on ELTIFs stemming from national law
Question
Shall Article 1(3) of the ELTIF Regulation be understood as not allowing a national law, regulation or administrative practice, either generally for all ELTIFs or specifically for some ELTIFs/specific situations, to require the master ELTIF to be established in the same Member State as the feeder ELTIF?


May an ELTIF be required by national law, regulation or administrative practice to be authorised or established in a particular Member State when packaged in insurance products or embedded in pension/savings plans in order to be eligible as target investment?


May any other provision or option provided for in the ELTIF Regulation be restricted by a national law, regulation or administrative practice for ELTIFs packaged in insurance products or embedded in pension/savings plans?

ESMA_QA_2480
Topic
14/03/2025
Subject Matter
Dividend entitlement date
Question
May an ELTIF define a minimum period before which the shares cannot benefit from distributions of the ELTIF?

May the setting of a minimum holding period during which investors cannot benefit from the distributions of the ELTIF be considered as a “fee" or a “cost”, as per the requirements of Article 25 of the ELTIF Regulation?